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Vietjet brings its award-recognised brand and signature red uniform to Sri Lanka with new Colombo route

Srilanka, Aug. 14 -- As Vietjet prepares to launch its direct route between Colombo and Ho Chi Minh City on 18 August 2026, the airline is celebrating two recent honours from the 2026 Flyers' Choice A... Read More


Pan Asia Bank Crosses Rs. 350 Bn In Assets; 1H Profit Rises 16%

Srilanka, Aug. 14 -- Pan Asia Bank has surpassed Rs. 350 billion in total assets for the first time in its 31-year history, reporting a strong performance for the first half of 2026. For the six mont... Read More


Sampath Bank Records Half Year Results with Profit After Tax of Rs 16.6 Bn, Reflecting 13% Year-on-Year Growth

Srilanka, Aug. 13 -- Financial Performance Sampath Bank delivered a strong financial performance for the six months ended 30th June 2026, reporting Total Operating Income of Rs 63.3 Bn, an increase ... Read More


JXG signs agreement to acquire 100% stake in Continental Insurance Lanka Limited

Srilanka, Aug. 13 -- Janashakthi PLC (JXG) has entered into a Share Purchase Agreement with Melstacorp PLC (MELS), the sole shareholder of Continental Insurance Lanka Limited (CILL), to acquire a 100%... Read More


Governor's remarks do not signal future policy rate path or level: CBSL

Srilanka, Aug. 13 -- The Central Bank of Sri Lanka (CBSL) clarified that recent media reports had misinterpreted remarks made by the Governor during a media interview. CBSL said its monetary policy i... Read More


Sri Lanka remains vulnerable to energy price shock but is more resilient than in the past - Moody's Ratings

Srilanka, Aug. 12 -- Bangladesh (B2 negative), Pakistan (Caa1 stable) and Sri Lanka (Caa1 stable) are among the most vulnerable economies in Asia to high oil prices stemming from the Middle East confl... Read More


Cabinet Approves Tender to Build Three Fuel Storage Tanks at Muthurajawela Terminal

Srilanka, Aug. 11 -- The Cabinet of Ministers has approved a proposal by the Minister of Energy to award the contract for constructing three new fuel storage tanks at the Muthurajawela Terminal to a j... Read More


Cabinet Approves Rs. 1 Bn Funding Package for Lanka Metro Transit

Srilanka, Aug. 11 -- The Cabinet of Ministers has approved a total funding allocation of Rs. 1,067.5 million for Lanka Metro Transit (Private) Limited, comprising Rs. 800 million in equity capital for... Read More


Ambassador Saman Chandrasiri Presents Credentials to the President of the State of Israel

Srilanka, Aug. 10 -- The newly appointed Ambassador of Sri Lanka to the State of Israel, Saman Chandrasiri, presented his Letter of Credence to H.E. Isaac Herzog, President of the State of Israel, on ... Read More


Rosamund Pike visits Sri Lanka as mine clearance reaches one-million milestone

Srilanka, Aug. 7 -- Visit Rosamund Pike to Cambodia Mines Advisory Group February, 2023 Golden Globe, Emmy, and Olivier Award-winning actor Rosamund Pike, ambassador to the Mines Advisory Group (MAG),... Read More